Today Indian markets can start with a risk aversion strategy. SGX Nifty is indicating a positive opening of the market in India with a gain of 17 points. On October 27, the market had closed with a fall due to profit-taking in the last hour, which broke the gains of the previous two days. In yesterday’s trade, the Sensex closed at 61,143.33 with a fall of 206.93 points, or 0.34 per cent. At the same time, the Nifty closed at 18,211 with a fall of 57.40 points, or 0.31 per cent. Here we are giving you some such data, on the basis of which it will be easy for you to catch profitable deals.
Strategies for Nifty
The first resistance zone of Nifty is visible at 18246-18290. At the same time, the big resistance zone is at 18324-18356. Its base zone is at 18159-18119 and the larger base zone is at 18055-18010. Heavy volatility is possible today in a limited range due to expiry. Heavy call writing is seen at 18200-300-400-500. Put writers dominate at 18000-18100. Not a good day to trade indices. Keep an eye on 18159-18119-18100. Expiry pullbacks are possible from these levels. Watch IT stocks today, yesterday there was a pullback from lower levels.
Strategy for Nifty Bank
Its resistance zone is visible at 41550-41290. At the same time, the big resistance zone is at 41410-41540. The base zone is at 40690-40550. The big base zone is at 40470-40350. Initially challenges are possible depending on the setup. According to option writers, the index will remain in a limited range. Trading is difficult. There is heavy call writing at 41500-41000. Put writers dominate 40000-40800. Focus on stocks, expiry move is possible in last hour. 40600-800 is the largest zone possible for an expiry move.
US market
There are mixed signals from the global markets. Asian markets and SGX Nifty are seeing gains. DOW FUTUERS is also up. Crude oil prices have also softened. On the other hand, the US markets were mixed yesterday. Today DOW futures are bullish. The DOW and S&P 500 slipped from higher levels in yesterday’s trading. Investors await US 3Q GDP figures. Crude has seen a decline due to increase in inventory in the US. Gold is seen at $1800 in the international market. The crypto has lost 10% in the last 1 week.
asian market
Looking at the Asian markets, SGX NIFTY is seen up by 25.50 points. At the same time, Nikkei is seeing a fall of 0.91 percent around 28,833.84. Whereas Straight Times is seeing a rise of 0.21 percent. At the same time, Taiwan’s market is trading at a level of 17,088.89 with a slight increase of 0.08 percent. Whereas Hang Seng is seen at the level of 25,620.92 with a letdown of 0.03 percent. At the same time, the strength of 0.16 percent is seen in Kospi. While the Shanghai Composite is seen with a weakness of 0.44 percent at 3,546.61.
results coming today
आज Bajaj Finserv, NTPC, Tata Power, DLF, InterGlobe Aviation, Marico, RBL Bank, AAVAS Financiers, Adani Green Energy, APL Apollo Tubes, Adani Total Gas, AU Small Finance Bank, Blue Star, CarTrade Tech, Chalet Hotels, Chemcon Speciality Chemicals, Dishman Carbogen Amcis, Edelweiss Financial Services, Gujarat Gas, HSIL, Indian Bank, Infibeam Avenues, JK Tyre & Industries, Laurus Labs, Mahindra & Mahindra Financial Services, Motilal Oswal Financial Services, Reliance Infrastructure, SBI Cards and Payment Services, Sudarshan Chemical Industries, UCO Bank, UTI Asset Management Company, Welspun Corp और Westlife Development के नतीजे आने वाले हैं।
FII and DII figures
On October 27, Foreign Institutional Investors sold Rs 1913.36 crore in Indian markets. At the same time, domestic institutional investors bought Rs 472.48 crore on this day.
Stocks coming under F&O ban on NSE
On October 28, 4 stocks are under F&O ban on NSE. These include the names of Indiabulls Housing Finance, Canara Bank, NMDC and Sun TV Network. It is to be noted that the stocks included in the F&O segment are put in the ban category if the positions of the securities exceed their market wide position limits.
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